The State Oil Company of the Azerbaijani Republic (SOCAR) plans to release corporate bonds for the domestic market, the company’s president Rovnag Abdullayev said at the “Azerbaijan 2020: Outlook to the Future” international conference in Baku, 1news reports.
Abdullayev reminded that bonds released for the international market in 2012 had been a success. The company plans to boost the domestic market with bonds worth 500 million manats.
They will be available for purchase by companies and individuals.
